Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
IFC to make $150 mn debt investment in Bajaj Finance
International Finance Corporation plans to make a debt investment of up to $150 million (Rs 1,068 crore) in Bajaj Finance ......
Finance
Kotak gets $500 mn commitment from SWF for stressed assets fund
Kotak Investment Advisors Ltd has floated a fund to invest in stressed assets and received a commitment of $500 million ......
Finance
StanChart hiring Chinese-speaking bankers in India, other markets to connect network
Standard Chartered is targeting more trade-focused business from Chinese companies by hiring around 15 bankers worldwide, a source...
Finance
Which distressed sectors offer the best opportunities for dealmaking?
A number of debt-laden companies across sectors have been undergoing bankruptcy resolution proceedings. These include companies...
Finance
Microfinance portfolio growth slows in Oct-Dec, loan quality worsens for NBFCs
The Indian microfinance industry's loan portfolio recorded robust growth during the quarter through December 2018, but the...
Finance
RBI lifts lending curbs on Allahabad Bank, two other lenders
The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection...
Economy
India's April-January fiscal deficit at 121.5% of full-year target
India’s April-January fiscal deficit touched 7.7 trillion rupees ($108.36 billion), or 121.5 percent of the budgeted target...
Finance
KKR floats investment platform for ophthalmology, biopharma bets
Global private equity giant KKR & Co. has created a platform focussed on investing in a diversified group of emerging ......
Finance
Avendus' alternative assets arm targets first close of maiden ESG fund
The alternative asset management arm of financial services firm Avendus Capital is eyeing the first close of its new public ......
Finance
True North to buy 51% stake in Max Bupa Health Insurance
Private equity firm True North will acquire a 51% stake in Max Bupa Health Insurance Company for Rs 511 crore ......
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